Post
Topic
Board Speculation
Re: We are about to hit 8K and below...soon (see charts)
by
exstasie
on 05/09/2019, 18:50:22 UTC
That's a clear descending triangle and its primarily a bearish pattern

Yeah but it's not the most reliable bearish pattern. I won't be surprised if the descending trend line gets broken.

There was a small selloff after tagging the trend line yesterday, but we're still hovering right below it. Bears haven't been convincing, and the mystery trader on Coinbase who market buys into dump attempts was active earlier today: